We have a falling wedge being formed by the price and a rising wedge forming on the RVI.
Furthermore, DIs are bearish. Luckily there isn't much strength behind that.
Kumo acting as powerful resistance. However, in the future the Kumo is weakening as the Senkou span B declines.
Stochastic RSI was denied by past resistance.
Price will most likely begin to range and oscillate between the .236 fib level on the short fib and the .382 level on the large retracement over the next week or so.
Furthermore, DIs are bearish. Luckily there isn't much strength behind that.
Kumo acting as powerful resistance. However, in the future the Kumo is weakening as the Senkou span B declines.
Stochastic RSI was denied by past resistance.
Price will most likely begin to range and oscillate between the .236 fib level on the short fib and the .382 level on the large retracement over the next week or so.
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